Tag: GST Exempt Supply

GST Rulings, ,

Is GST Exempt on Leasing Out Building For Hostel Accommodation?

Service by way of renting of residential dwelling, for use as residence, is exempt from GST vide Entry 12 of Notification No.12/2017-Central Tax (Rate) dated June 28, 2017 (as amended). Where an owner leases out his property and the lessee sub-lets / sub-licences to students / workers for long-term hostel accommodation, can the property owner […]

GST Posts, , , ,

Exempt, Nil-Rated, Zero-Rated, Non-GST & Non-Supplies: Understanding the Differences

[Article published in the Salem Branch of SIRC of ICAI e-Newsletter, April 2019; Penned by CA. Srinivasan V and reviewed by CA. Saravana Prabhu] Although it has been more than one-and-half years since the GST law came into force, many users inter-changeably fill details relating to nil-rated supplies, exempt supplies, non-taxable supplies, transactions which are […]